Diamond slump delays Okavango Blue sale

The 20.46 carat blue diamond was unearthed at Debswana’s Orapa Mine in the third quarter of 2018. It drew comparisons with the world famous Hope Diamond, although the local, stone has a higher purity and clarity level. The Okavango Blue is expected to fetch millions of US dollars when it finally goes on sale at auction.

On Tuesday, ODC spokesperson, Dennis Tlaang told BusinessWeek the trader could not commit to a date for the auction of the stone.